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Oct 1, 2012
10/12
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in the economy. part of this race is also integrity and character. if you look back and see what we are talking about here, no one is questioning what her parents told her when she was younger or through that timeframe. when she was asked by "the boston herald" why she was being towed to as a native american, she said she did not know. and then after misleading the papers, she said that she self- reported. she never answered why she said that. she has also said that as time goes on, i cannot change of who i am. that is the nature of her commercials. but as with noticed -- as we noticed throughout life, she was white. then she changed her nationality to native american. as she was being considered for recruitment as a result of that director, she was being recruited to ivy league schools. at the pinnacle for success when she became tenured at harvard, she was changed back to being white. when she says she cannot change who she is, she did it twice. >> if you have any evidence, at all, senator, if to s
in the economy. part of this race is also integrity and character. if you look back and see what we are talking about here, no one is questioning what her parents told her when she was younger or through that timeframe. when she was asked by "the boston herald" why she was being towed to as a native american, she said she did not know. and then after misleading the papers, she said that she self- reported. she never answered why she said that. she has also said that as time goes on, i...
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Jun 13, 2012
06/12
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we have, again, a very diverse economy. one of the things i would really highlight of the change of the 30 years that i talked about is, 30 years ago, or 25- 35-year-old work force was one of the least educated in america. fast forward to 30 years later, or 25-35-year-old work force is the highest indicated in the country when it comes to postgraduate degrees. that has been a major transformation as we continue to invest in education and invest in our workers and the folks that are there. we continue to work on attracting talent, quality of life issues that have really made a great difference in our region. >> thank you, rich. next up is dennis, the ceo of the allegheny conference on community development. >> good afternoon, everybody. if you don't what the allegheny conference is, we are the metro chamber organization that represents the private sector and reduce private-sector in the area. for someone who grew up in pittsburg, being here today is amazing. if you go back 30 years, 1983, our low point, the regional unemploy
we have, again, a very diverse economy. one of the things i would really highlight of the change of the 30 years that i talked about is, 30 years ago, or 25- 35-year-old work force was one of the least educated in america. fast forward to 30 years later, or 25-35-year-old work force is the highest indicated in the country when it comes to postgraduate degrees. that has been a major transformation as we continue to invest in education and invest in our workers and the folks that are there. we...
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Feb 22, 2012
02/12
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economy. probably the worst area is energy. we are looking at $4 per gallon gasoline again in some areas. we may reach $5 per gallon this summer. you may say that while that might be market conditions, the president of the united states, when he ran for office, talked about how we needed higher prices for gasoline. why? he was concerned about global warming. and we needed to reduce co2 emissions, meaning the you need to drive last. the only way that we can force americans to drive less is to make it expensive for you to drive. and here we have now a systematic plan in place by this president. number one, to reduce the detroit -- petroleum oil and gas in this country. it really went up in america? no thanks to the president of the united states. not opening up anwar, shutting down federal land corporations, not allowing for permits, go down through the whole list, the keystone pipeline, the president of the united states has done everything possible to shut down energy production. the energy pr
economy. probably the worst area is energy. we are looking at $4 per gallon gasoline again in some areas. we may reach $5 per gallon this summer. you may say that while that might be market conditions, the president of the united states, when he ran for office, talked about how we needed higher prices for gasoline. why? he was concerned about global warming. and we needed to reduce co2 emissions, meaning the you need to drive last. the only way that we can force americans to drive less is to...
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Jul 5, 2012
07/12
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and it is paying off for our economy and our country. the plant opened its doors again and i got my job back and my pride that. that's the great american comeback story here in ohio. because of the president, we went from fear to faith in what we can do together. let's see, and that's what he's done day after day. he brought to our economy back from the brink, cutting taxes for the middle-class families and small businesses. he is holding wall street accountable so they cannot play by their own rules again. he is making health care more affordable so we can have insurance regardless of where you worked and where you live. [applause] he is fighting to keep teachers, police, and firefighters on the job and to put our construction workers back to rebuilding our roads and highways. [applause] every step of the way, he is investing in our future. he is laying the foundation for our economy, built to last, where hard work pays off and responsibility is rewarded, everyone pays their fair share. those values remind me of four years ago when then
and it is paying off for our economy and our country. the plant opened its doors again and i got my job back and my pride that. that's the great american comeback story here in ohio. because of the president, we went from fear to faith in what we can do together. let's see, and that's what he's done day after day. he brought to our economy back from the brink, cutting taxes for the middle-class families and small businesses. he is holding wall street accountable so they cannot play by their own...
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Jul 6, 2012
07/12
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this economy came to a standstill. if we had daily gdp for the third and fourth week in september, it would be close to zero. we did not have planes flying. the stock market was closed for five days. although production had been shut down -- auto production have been shut down. the fastest rate of inventory drawdown we have had. if people are not shopping, the goods pile up on the shelves, then the factories shut down. the fourth quarter of 2001 pulled those goods off the shelf and that money went out in people's pockets and we were able to get the economy growing again in spite of 9/11 and in spite of everything else. i would call that the demand side part of the bush tax cuts. as the top rates came down, you started to see small business cash flow revived and we had rapid growth in 2003, 2004, 2005, 2006. for all the experimentation up and down, we got supply side and the demand side right and in a way that helped the economy out. one more small point, if i may. general rove -- [laughter] >> that is not far off. >> y
this economy came to a standstill. if we had daily gdp for the third and fourth week in september, it would be close to zero. we did not have planes flying. the stock market was closed for five days. although production had been shut down -- auto production have been shut down. the fastest rate of inventory drawdown we have had. if people are not shopping, the goods pile up on the shelves, then the factories shut down. the fourth quarter of 2001 pulled those goods off the shelf and that money...
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Oct 5, 2012
10/12
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our economy is tourism. from late september to april, that is our economy. we could be, with some government funding, the solar capital of the country. i have lived through hurricanes, losing my power for weeks at a time, because the infrastructure is so poor. not a lot of people can afford solar, but if you drive from east to west coast, every light pole is solar power. if we could start a manufacturing here, we could bring costs down and people would invest in that. host: investment in solar energy has been a hot button in the political campaign. guest: absolutely, exemplified by a company called the solyndra. they received a loan and then filed for bankruptcy, which is not unusual when you talk about new developing technologies. it is a challenge for solar, particularly because i.t. is very expensive, if you don't have the government grants and support like they have in europe to encourage people to put those on their homes, you will not get the volume necessary to bring down the costs and make the tens of thousands of dollars of investment -- takes a lon
our economy is tourism. from late september to april, that is our economy. we could be, with some government funding, the solar capital of the country. i have lived through hurricanes, losing my power for weeks at a time, because the infrastructure is so poor. not a lot of people can afford solar, but if you drive from east to west coast, every light pole is solar power. if we could start a manufacturing here, we could bring costs down and people would invest in that. host: investment in solar...
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Jan 31, 2012
01/12
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and global economy. is this a feasible challenge for the president to undertake and if so would it be wise to do so during election year where 7 % of nationally registered voters listed the economy as their primary concern? guest: i think it's slall the right thing for president obama to do. he's trying to help people with their debt. that's what americans want to hear right now is solutions from washington, d.c. the problem, though, it's not terribly feasible from an actual legislative perspective. nothing much happens in an election year. i was just -- i saw a clip this morning. said there were 984 roll call votes in congress, in the house last year. only 12 members, by the way, voted on all those votes. this year it's likely to be a lot lower. there won't be a lot of actual legislative packages moving through congress because it's an election year, tensions run so high and it's just the way things work here in d.c. in an election year. >> follow today's "washington journal" anytime on c-span.org. we a
and global economy. is this a feasible challenge for the president to undertake and if so would it be wise to do so during election year where 7 % of nationally registered voters listed the economy as their primary concern? guest: i think it's slall the right thing for president obama to do. he's trying to help people with their debt. that's what americans want to hear right now is solutions from washington, d.c. the problem, though, it's not terribly feasible from an actual legislative...
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Jan 10, 2012
01/12
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through derivatives and speculative insurance throughout this economy, it ruined this economy and caused a meltdown. now they're trying to impose an agenda of austerity on the people, cutting social security benefits, cut back on student loans, reducing the students to the port. that is wrong. we should tax wall street and corporations. taxes right now are the lowest ever since 1928 on the rich and we need to correct that are we will not have a good economy. >> thank you. next, mr. terry. 30 seconds. >> every person in here is made in the image of god. thomas jefferson in the declaration said that our rights come from god. all men are endowed by their creator, inalienable rights to liberty, to the pursuit of japanese. if we will be restored as a nation, we have -- pursuit of happiness. if we will be restored as a nation, we have to return to a source of ethics, the source of policy. if we are to become a nation of thieves, a nation that killed their children and instill a perversion and wickedness and says this is good, then we will go the way of the greeks and of the romans and of the o
through derivatives and speculative insurance throughout this economy, it ruined this economy and caused a meltdown. now they're trying to impose an agenda of austerity on the people, cutting social security benefits, cut back on student loans, reducing the students to the port. that is wrong. we should tax wall street and corporations. taxes right now are the lowest ever since 1928 on the rich and we need to correct that are we will not have a good economy. >> thank you. next, mr. terry....
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Sep 5, 2012
09/12
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it crashed the economy. the deficit went up. >> thank you so much for taking this time. >> we will take a quick break and be right back. >> a back and ask everyone to take their seats. for our next panel to come up, please. we will get started again. thank you. just a reminder that the microphones are one directional. you're going to need to keep them pretty close to you when you speak. back to you. >> we have some breaking news by the way. the president obama pose a speech will move inside tomorrow because of the weather we have had. if you had tickets for the stadium, a check and see how this translates to the arena. guy cecil welcome the and robby moook. they follow the senate races closer than anyone. welspun here it we will start off with the same question. -- we will start off with the same question. what is the mood like for these candidates? >> from the house perspective, august has been an abysmal month. mitt romney, i keep saying he has been our best donor. the gift he gave us and paul ryan's nomin
it crashed the economy. the deficit went up. >> thank you so much for taking this time. >> we will take a quick break and be right back. >> a back and ask everyone to take their seats. for our next panel to come up, please. we will get started again. thank you. just a reminder that the microphones are one directional. you're going to need to keep them pretty close to you when you speak. back to you. >> we have some breaking news by the way. the president obama pose a...
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Feb 29, 2012
02/12
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we're fighting for an economy that's built to last. that's built on things like education and energy and manufacturing. making things. not just buying things. making things that the rest of the world wants to buy. and restoring the values that made this country great. hard work and fair play. the chance to make it in you really try. the responsibility to reach back and help somebody else make it too. not just you. that's who we are. [applause] that's what we believe in. you know, i was telling you, i visited chrysler's jefferson north plant in detroit about a year and a half ago. now, the day i visited some of the employees had won the lottery. not kidding. they'd won the lottery. now, you might think that after that they'd all be kicking back and retiring. and no one would fault them for that. building cars is tough work. but that's not what they did. the guy who bought -- funny you ask. the guy who bought the winning ticket, he was a proud u.a.w. member who worked on the line. so he used some of his winnings to buy his wife the car t
we're fighting for an economy that's built to last. that's built on things like education and energy and manufacturing. making things. not just buying things. making things that the rest of the world wants to buy. and restoring the values that made this country great. hard work and fair play. the chance to make it in you really try. the responsibility to reach back and help somebody else make it too. not just you. that's who we are. [applause] that's what we believe in. you know, i was telling...
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Jun 26, 2012
06/12
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and they were doing a terrific job with the economy. now, when i would go to him and say they closed down another newspaper yesterday and we have to denounce it, he would shake his head and he would denounce it. >> do the buddha, show what it looked like. >> can't do that. >> it looked like this -- >> remember, that the last previous republican view of human rights, as i guess, it was secretary kissinger in the ford administration. and secretary kiss i canner -- kissinger, whom i admire, has never really understood human rights policy. to this day. and that was the last example. so we had to create a new policy and basically the argument we made was, anti-communism is not enough. it has to be there. these are the days of the height of the cold war. but it is not enough. one of the things that reagan could add and did add was in the arbegin tine-argentine or chile or central american cases, was being able to argue you -- to these dictators, you are not the bastion against communism. you are going to lead to a communist revolution if you
and they were doing a terrific job with the economy. now, when i would go to him and say they closed down another newspaper yesterday and we have to denounce it, he would shake his head and he would denounce it. >> do the buddha, show what it looked like. >> can't do that. >> it looked like this -- >> remember, that the last previous republican view of human rights, as i guess, it was secretary kissinger in the ford administration. and secretary kiss i canner --...
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75
Aug 2, 2012
08/12
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the farm economy is the one part of the economy that's actually working, doing well, it's been solid for the last few years. this is due in part i believe to the strong farm bill that we passed in 2008. natural disaster without the certainty of a five-year bill could jeopardize one of the bright spots we have in this economy. so with all that said i do recognize the effects the drought is having on our farmers and i will vote in favor of h.r. 6233. however this bill is a sad substitute for what is really needed, a long-term farm policy. so i'll tip to urge my colleagues to bring up the house agriculture five-year farm bill and to assure that all producers will have necessary assistance during these times of disaster. i reserve the balance of my time. the speaker pro tempore: the gentleman reserves the balance of his time. the gentleman from oklahoma. mr. lucas: mr. speaker, i would like to yield to the gentlelady from south dakota, mrs. noem, two minutes. the speaker pro tempore: the gentlelady is recognized for two minutes. mrs. noem: thank you. i thank the gentleman for yielding. m
the farm economy is the one part of the economy that's actually working, doing well, it's been solid for the last few years. this is due in part i believe to the strong farm bill that we passed in 2008. natural disaster without the certainty of a five-year bill could jeopardize one of the bright spots we have in this economy. so with all that said i do recognize the effects the drought is having on our farmers and i will vote in favor of h.r. 6233. however this bill is a sad substitute for what...
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May 30, 2012
05/12
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covering everything from politics, economy, to what's going on in washington. joining us from pittsburgh, pennsylvania. thanks so much, jay cost. guest: thank for having me. it's been a pleasure. a here on c-span we are live at the american general prize institute. they are hosting an event this morning with deputy defense secretary ashton carter. who will be talking about the us us defense budget priorities. and the impact of possible automatic budget cuts or sequestration next january. thomas donnelly, the co-corrector of the a.e.i.'s center for security studies will provide the introductory remarks which will begin momentarily. live coverage here on c-span. >> welcome, everybody. my name is tom donnelly. i am the co-director of the maryland wear certainty for fraternity studies here at the american enterprise institute. i'll get off the stage as fast as i can because you have come to here dr. ashton carter, deputy secretary of defense, who we are very pleased to host today. it was secretary carter's idea that he come and talk to us. i just agreed immediately
covering everything from politics, economy, to what's going on in washington. joining us from pittsburgh, pennsylvania. thanks so much, jay cost. guest: thank for having me. it's been a pleasure. a here on c-span we are live at the american general prize institute. they are hosting an event this morning with deputy defense secretary ashton carter. who will be talking about the us us defense budget priorities. and the impact of possible automatic budget cuts or sequestration next january. thomas...
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Oct 2, 2012
10/12
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we are two big decisions away from the meltdown in the american economy. with a 10-year time frame, cuts in spending and investment, we need to do all three. we need to tax, cut come and invest in the sources of our strength. i think that would have a huge effect. americans feel like children of two permanently divorcing parents and it has been a call on the country. if we got a grand bargain on an ash -- and a jury, how do deal with this in a safe and sustainable way? -- agreed on a grand bargain on an energy, how do we deal with it? maybe this applies to american politics, but all the important politics happen the morning after the morning after. >> when is that? >> i do not know and make no predictions, but if romney gets smashed, i happen to think the political problem in the country today is we have a center left party and a far-right party. that is a short show party -- a structural problem. the republican party has gone nuts. that is my opinion. they have been simultaneously at war with math and physics at the same time. [laughter] on the deficit it
we are two big decisions away from the meltdown in the american economy. with a 10-year time frame, cuts in spending and investment, we need to do all three. we need to tax, cut come and invest in the sources of our strength. i think that would have a huge effect. americans feel like children of two permanently divorcing parents and it has been a call on the country. if we got a grand bargain on an ash -- and a jury, how do deal with this in a safe and sustainable way? -- agreed on a grand...
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Feb 27, 2012
02/12
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economy in the world. we are better positioned than any nation in the world to dominate in the first half of the 21st century. [applause] we are just better position. if you look at the hard numbers, the problems that each of the countries and regions of the world face a relative to ours. secondly, we are also in that position that if we keep our folks a fighting chance -- i was saying this to the president -- i think the american people are tired of being tired. i think the american people are tired of being tired. they are tired of being told how bad things are, they are tired of having to deal with what they have to deal with. they are looking to all of us to let them know that we think as well at it is time to just get up. just get up and start to move. ladies and gentlemen, we are going to disagree on a budget things, but one of the things we all agree on, we need a better education system in america. we rank 16th in the world right now. the idea that we will be that way, the idea that we can sustain
economy in the world. we are better positioned than any nation in the world to dominate in the first half of the 21st century. [applause] we are just better position. if you look at the hard numbers, the problems that each of the countries and regions of the world face a relative to ours. secondly, we are also in that position that if we keep our folks a fighting chance -- i was saying this to the president -- i think the american people are tired of being tired. i think the american people are...
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Jul 5, 2012
07/12
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given the size of our economy, it is very small. it is only $4 billion or four of -- $5 billion of direct investment in the united states. there is a lot of good reasons why they should increase -- the chinese want to increase. we had on the air the other day the mayor of washington. vincent gray has just returned from china seeking more investment in washington, d.c. host: we watched that segment yesterday. we suggest this town and other reporters doing that story. do the stories -- how nervous do americans feel? people come in and say they are worried about overseas investors controlling american assets. does it get that story, and not just the great opportunities? guest: i hope we will. these are the early days. i emphasize that we are still developing programming. we hope to go to four hours towards the end of the year, or early 2013. we are refining the kinds of reports we do. we are still hiring people. the numbers of reporters that will soon be reporting to r news desk in washington will be something like 35 different reporte
given the size of our economy, it is very small. it is only $4 billion or four of -- $5 billion of direct investment in the united states. there is a lot of good reasons why they should increase -- the chinese want to increase. we had on the air the other day the mayor of washington. vincent gray has just returned from china seeking more investment in washington, d.c. host: we watched that segment yesterday. we suggest this town and other reporters doing that story. do the stories -- how...
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325
May 11, 2012
05/12
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this is a fair way of rebooting the american economy. going forward, we will benefit from the jobs that will get added with no corporate income tax. our exports become 23% more competitive. i do not know that it is as big an issue that some would say. it only applies to new goods and services. it is not a compounded tax. for a home builder building a home, everything would be tax- exempt up to the point of sale. that would also apply to businesses. any goods or services used in the final production of a good is not going to be taxed. i think we will find the opposite occurred. this will stimulate the u.s. economy. host: governor johnson is on twitter. you can follow him. garyjohnson2012.com. thank you for being on c-span this morning and taking our viewers' questions. guest: 80. i wish the sound would have been good the whole time. -- thank you. host: we're going to take a break. we have one more segment left. we will be looking at the debate over immigration and the supreme court hearing. we will be looking at the trends in american soc
this is a fair way of rebooting the american economy. going forward, we will benefit from the jobs that will get added with no corporate income tax. our exports become 23% more competitive. i do not know that it is as big an issue that some would say. it only applies to new goods and services. it is not a compounded tax. for a home builder building a home, everything would be tax- exempt up to the point of sale. that would also apply to businesses. any goods or services used in the final...
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Jun 7, 2012
06/12
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it hurts american jobs and the american economy. last and certainly not least, it costs our taxpayers more of their hard-earned dollars. i urge my colleagues to support the passage of this commonsense amendment and i yield the balance of my time to mr. aderholt. the chair: the gentleman is recognized. mr. aderholt: we would be happy to accept your amendment and be happy to work with you and yield back. the chair: does the gentleman reserve his time? mr. flores: i reserve. the chair: the gentleman from north carolina. mr. price: i move to strike the last word. the chair: the gentleman is recognized for five minutes. mr. price: i rise in opposition to the gentleman's amendment. if we are talking about common sense, the balance of common sense is against this amendment and with section 526 of the energy independence and security act. it is a straightforward provision intended simply to ensure that the environmental costs from the use of alternative fuels, whatever they may be, are at least no use than the fuels being used today. why sh
it hurts american jobs and the american economy. last and certainly not least, it costs our taxpayers more of their hard-earned dollars. i urge my colleagues to support the passage of this commonsense amendment and i yield the balance of my time to mr. aderholt. the chair: the gentleman is recognized. mr. aderholt: we would be happy to accept your amendment and be happy to work with you and yield back. the chair: does the gentleman reserve his time? mr. flores: i reserve. the chair: the...
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80
Mar 30, 2012
03/12
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that is a ragan vision for our economy. it is a ragan vision that is a stark contrast, which is what we needed in 1980. we needed a difference between a republican with a conservative vision that was hopeful and believed in the three people, limited government, as opposed to one that believes in less government, or government of the state level instead of the federal. that is a distinction that has no difference to most people. to say we agree with president obama but just do it at the state level, that is not something that resonates and excites. the reaganoking for conservative in this race on the economy, there is one clear choice. if we're looking for the reagan conservative on one of the other legs of the stool, and social conservative issues, i find it remarkable that governor romney is running ads in wisconsin right now saying i am not pro- life. the offer of the unborn victims of violence act, the author of the unborn ally and friend protection act, the partial birth abortion ban act. i led the fight on the floor fo
that is a ragan vision for our economy. it is a ragan vision that is a stark contrast, which is what we needed in 1980. we needed a difference between a republican with a conservative vision that was hopeful and believed in the three people, limited government, as opposed to one that believes in less government, or government of the state level instead of the federal. that is a distinction that has no difference to most people. to say we agree with president obama but just do it at the state...
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Mar 27, 2012
03/12
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sector grew at three times faster than the overall economy. this is success and we should do nothing to stymie that success. the u.s. has regained global leadership in mobile innovation. we are ahead of the world in deploying 4-g mobile broadband and those next generation networks are projected to add more than $150 billion in g.d.p. growth over the next four years. internet startups attract $7 billion in venture capital last year. almost double the 2009 level. it has generated more than 500,000 jobs, and many of those are right smack dab in my district. you know them, google , youtube, facebook . ress assured it is considering. jelly radio is a small technology company with about 15 employees and it's located right across the street from my district office. it's already received $ million in angel and venture capital. it -- you vote for what you want to hear and the band with the most votes gets played. they just received a local business award for small technology company of the year. another is storm 8, the creator of the number one role pl
sector grew at three times faster than the overall economy. this is success and we should do nothing to stymie that success. the u.s. has regained global leadership in mobile innovation. we are ahead of the world in deploying 4-g mobile broadband and those next generation networks are projected to add more than $150 billion in g.d.p. growth over the next four years. internet startups attract $7 billion in venture capital last year. almost double the 2009 level. it has generated more than...
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123
Aug 17, 2012
08/12
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we need to make the economy and jobs top issues. we need to do the same thing for the senate races and house races. one thing we will do on this have a we're going to serious 7 pamphlet. that will have a number of questions that should be posed to presidential, vice president, senate, and house candidates to separate the wheat from the chaff about who is part of the problem and solution, whether they know what they're talking about, and whether they're willing to work together to make sure our future is better than our past. we need political reforms. that will take time. some will take constitutional amendments. we do not have that much time. we need to make progress before we get to that point. host: david walker is a former comptroller general of the united states. have you thought about running for office? guest: a was considering running for the senate. i decided not to do if. how do not think will ever run for elected office. i have given over 15 years of my life to public service. i think it is an honorable calling. i might g
we need to make the economy and jobs top issues. we need to do the same thing for the senate races and house races. one thing we will do on this have a we're going to serious 7 pamphlet. that will have a number of questions that should be posed to presidential, vice president, senate, and house candidates to separate the wheat from the chaff about who is part of the problem and solution, whether they know what they're talking about, and whether they're willing to work together to make sure our...
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Jan 10, 2012
01/12
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older voters have seen good and bad economies. perhaps mitt romney is doing so well because they are linking romney with the look back period. they see him as a dove tail between the leadership in solving economic problems. host: david paleologos, suffolk university pollster, and also the director of the political research center. let's look at a poll checking in with independents. romney at 34%. huntsman, 26%. ron paul, 22%. santorum, 6%. gingrich, 3%. david paleologos, tell us more about it. guest: it's an interesting dynamic. mitt romney led independents on january 1 by 23 points. so much has happened, especially with jon huntsman and how late he has rallied. he is really relying on independents or what new hampshire folks call undeclared voters. in terms of a successful model to win, romney only needs to break even, which he is doing and then some among independents. where he is laying the margin out is in the registered republican demographics, as well as others, like older voters and women voters. host: kansas city, kansas.
older voters have seen good and bad economies. perhaps mitt romney is doing so well because they are linking romney with the look back period. they see him as a dove tail between the leadership in solving economic problems. host: david paleologos, suffolk university pollster, and also the director of the political research center. let's look at a poll checking in with independents. romney at 34%. huntsman, 26%. ron paul, 22%. santorum, 6%. gingrich, 3%. david paleologos, tell us more about it....
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Jun 6, 2012
06/12
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it also strengthens the economy. the investment and its ripple effects create more tax revenue and avoids the cost of rundown property and blight. as a local officials for years i learned firsthand that it is hard and expensive to deal with deterioration of the building and the stock and the neighborhoods in which they're located. historic preservation is the best option for the environment. you know, recycling a building usually has more net environmental benefit than a certified new building. historic preservation strengthens the community. a varied straight escape with a mix of use -- street escape with a mix of uses -- streetscape with a mix of uses is better than a monoculture of a single species. historic preservation avoids that monoculture of the built environment that is numbing to the soul and depressing to the we're watching this phenomenon on display in communities across the country as first and second-tier suburbs deteriorate. as i mentioned at the beginning, this has been in the tax code since 1976. th
it also strengthens the economy. the investment and its ripple effects create more tax revenue and avoids the cost of rundown property and blight. as a local officials for years i learned firsthand that it is hard and expensive to deal with deterioration of the building and the stock and the neighborhoods in which they're located. historic preservation is the best option for the environment. you know, recycling a building usually has more net environmental benefit than a certified new building....
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Apr 25, 2012
04/12
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what economy are they talking about? you are the economy. if you have a skills, if you have talent, if you are starting a business, if companies are locating in iowa because you have a well-paying work force, that is the economy. that is how we are going to compete -- making sure our next generation earns the best education possible is exactly america's business. [applause] making sure that education is available to everybody, not just a few -- that is
what economy are they talking about? you are the economy. if you have a skills, if you have talent, if you are starting a business, if companies are locating in iowa because you have a well-paying work force, that is the economy. that is how we are going to compete -- making sure our next generation earns the best education possible is exactly america's business. [applause] making sure that education is available to everybody, not just a few -- that is
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Jan 12, 2012
01/12
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economy. to answer a question, no, we do not have a great estimate. we do know it will greatly improve mobility. >> t.r. reid noted in his book that we are the only country in the world that house at 4-profit insurance companies. -- the house for-profit insurance companies. is the relevant here? >> in massachusetts, aren't health care is as high as anywhere else -- our health care costs is as high as anywhere else. we have no for-profit insurance companies. the problem is mostly not even insurers. not all, there are some bad actors. some of those bad actors will go away because we will get rid of the kind of insurance they sell. that is the insurance that says they will pay $500 a day for a stay in hospital. the people the insurer, do not realize it costs $3,000 a day. with the regulations in place, there is not really evidence that for-profit vs not-for- profit insurers behave very differently on the key elements of health care costs. it is about products and excess of margins, and that will
economy. to answer a question, no, we do not have a great estimate. we do know it will greatly improve mobility. >> t.r. reid noted in his book that we are the only country in the world that house at 4-profit insurance companies. -- the house for-profit insurance companies. is the relevant here? >> in massachusetts, aren't health care is as high as anywhere else -- our health care costs is as high as anywhere else. we have no for-profit insurance companies. the problem is mostly not...
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May 7, 2012
05/12
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it is a matter of the economy. the people do not dare to use the benefits, that will have disastrous consequences as well. we must insure that inflation keeps up to this. legislation is running after. we hope to agree on a legislation to update our current legislation including measures to address the rising threat. this is important but not enough. we must also equip law enforcement agencies to respond to a threat. months ago, we addressed a setting up a cyber crime center that will be established in the nether lands. this'll be a european focal point. it'll help prevent illegal online activities such as online fraud involving credit cards. it will also work closely with social networks. it will focus on cyber crime that causes the most harm including sexual exploitation. we hope this will be an unviable resources for states providing operational support saw in gathering intelligence from a wide range of sources. this will be used to warn states and major cyber crime threats and alert them to weaknesses on there o
it is a matter of the economy. the people do not dare to use the benefits, that will have disastrous consequences as well. we must insure that inflation keeps up to this. legislation is running after. we hope to agree on a legislation to update our current legislation including measures to address the rising threat. this is important but not enough. we must also equip law enforcement agencies to respond to a threat. months ago, we addressed a setting up a cyber crime center that will be...
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Apr 10, 2012
04/12
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economy to do well. they just do not like business very much. what they do not understand is that the economy is nothing but the addition of all of the businesses of america together. that is what makes the economy. saying you do not like business is like saying you like, that -- like armlets, but you do not like eggs. -- like you like, but do not like eggs. you know the president wants to take the tax on small business from 35% to 40%. you may say, i don't understand what you are talking about. let me point this out. the percentage of american workers who work in businesses that are taxed at the individual tax rate is 54%. a 54% of american workers work in businesses? as individuals. when the president wants to raise the individual tax rate, he is raising taxes on small business. and as he does so, he will kill jobs. and then there is another tax idea floated out by vice president biden. some of us call him the gift that keeps on giving. [laughter] you know him well. [applause] he is proposing a global
economy to do well. they just do not like business very much. what they do not understand is that the economy is nothing but the addition of all of the businesses of america together. that is what makes the economy. saying you do not like business is like saying you like, that -- like armlets, but you do not like eggs. -- like you like, but do not like eggs. you know the president wants to take the tax on small business from 35% to 40%. you may say, i don't understand what you are talking...
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Jul 17, 2012
07/12
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economy? >> the fiscal cliff -- >> i am talking about spending. >> a smaller fiscal contraction will have a smaller effect. i do not want to make a judgment. a smaller reduction in fiscal -- in the fiscal position would have less effect than a larger one. >> as a look at the economy, which cannot also say that the best thing we can do is for us to have real balanced fiscal reform. is that not the thing that would cost our economy to take off more than anything else and alleviate the uncertainty people have? >> this reform is very important not only to control the deficit but also the quality of fiscal policy. what are we spending our money on tax those things are important. the way the current law is written, we have the maximum impact in the short run on january 21. much less is happening over the next decade or two. i am not advocating an overall increase in fiscal spending. i am saying that the timing should be adjusted to allow the recovery more space to continue but to make a serious effo
economy? >> the fiscal cliff -- >> i am talking about spending. >> a smaller fiscal contraction will have a smaller effect. i do not want to make a judgment. a smaller reduction in fiscal -- in the fiscal position would have less effect than a larger one. >> as a look at the economy, which cannot also say that the best thing we can do is for us to have real balanced fiscal reform. is that not the thing that would cost our economy to take off more than anything else and...
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Oct 9, 2012
10/12
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we need to grow the economy in the way you grow the economy, you take every last dime out of the economy. you let that money stay in and circulate and grow and create the jobs necessary and build that more secure future. you cannot continue to tax your way into prosperity. you can't spend your way into prosperity. small business is the solution if you get the government off the backs. you can't in fact, have more people hired, keep those that already have jobs and expand our economy. you don't do it by raising taxes during a recession. >> well, the fact is if you want to talk about job creation what creates job. you right, it is the small businesses. it's not the multimillionaires like yourself that create the jobs. it's the small business people and they need to get the deduction. they need to get the reduction. working families need to get the reduction. the work families are the folks that create the demand that cause more manufacturing and more economy. quite honestly, we're not talking about tightening our belt. the belt will be tightened in a battleground -- big way. the folks maki
we need to grow the economy in the way you grow the economy, you take every last dime out of the economy. you let that money stay in and circulate and grow and create the jobs necessary and build that more secure future. you cannot continue to tax your way into prosperity. you can't spend your way into prosperity. small business is the solution if you get the government off the backs. you can't in fact, have more people hired, keep those that already have jobs and expand our economy. you don't...
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Jan 26, 2012
01/12
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economy. we have three excellent witnesses. dr. alan blinder, now professor of economics and public affairs at princeton university. dr. joel prakken, the chairman of macroeconomic advisors, one of the most respected macroeconomic firms in the country. and dr. ike brannon, the director of economic policy at the american action forum. welcome to all of you. thank you for being here. we appreciate very much your spending time with us. i'd like to briefly review the economic situation confronting the country. it's important to remember the economic crisis that we have come through. in 2008 and 2009 we experienced the worst recession since the great depression. the economy contracted almost 9% in the fourth quarter of 2008. in a is really stunning. 9% contraction in the fourth quarter of 2008. housing market crisis was rippling through the economy with home building and home sales plummeting and record foreclosures and we faced a financial market crisis that threatened to set off a global economic
economy. we have three excellent witnesses. dr. alan blinder, now professor of economics and public affairs at princeton university. dr. joel prakken, the chairman of macroeconomic advisors, one of the most respected macroeconomic firms in the country. and dr. ike brannon, the director of economic policy at the american action forum. welcome to all of you. thank you for being here. we appreciate very much your spending time with us. i'd like to briefly review the economic situation confronting...
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Jun 11, 2012
06/12
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we have seen the economy grow. we have seen it produce 4.3 million -- or almost 4.3 million private sector jobs. one area where we have seen job loss in that same period is at the state and local government level, largely teacher layoffs and police layoffs and firefighter layoffs. we have also seen, because of the housing bubble that burst, construction workers out of work. and that only elucidates the need to take action to put those construction workers back to work, hence the aspect of the american jobs act that specifically addressed that weakness in our economy. and the president, you heard, discussed this on friday. there is still much work that needs to be done. i think that's reflected in the rural report today that the president and the administration released, and it's reflected in the elements the president talked about friday. we suffered from the worst economic crisis in everyone's lifetime here in this room. and when the president took office, we knew we were in trouble. we only found out later just h
we have seen the economy grow. we have seen it produce 4.3 million -- or almost 4.3 million private sector jobs. one area where we have seen job loss in that same period is at the state and local government level, largely teacher layoffs and police layoffs and firefighter layoffs. we have also seen, because of the housing bubble that burst, construction workers out of work. and that only elucidates the need to take action to put those construction workers back to work, hence the aspect of the...
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Feb 13, 2012
02/12
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and workers and students in this economy. what this does is build on the record by making sure community colleges are linked with businesses and states to make sure they provide the training for the jobs jobs where we know industries are looking for workers and trading will make a difference. with that, we're ready for questions. >> thank you, everybody. questions. [unintelligible] >> in terms of the first question, which was the deficit and the reduction of the deficit, when the president came into office we knew things were not in good shape, but we did not realize how bad they were. the fourth quarter of 2008 gdp at the time we thought was - 8%. so the president inherited a much worse situation under the jobs being lost per month. on top of that, during the prior administration, we had unpaid for medicare part d prescription drug, and paid for tax cuts from 2001 and 2003. i think the situation was far worse than we had anticipated, given the economic news. i started with the president's budget cut the deficit in half in 20
and workers and students in this economy. what this does is build on the record by making sure community colleges are linked with businesses and states to make sure they provide the training for the jobs jobs where we know industries are looking for workers and trading will make a difference. with that, we're ready for questions. >> thank you, everybody. questions. [unintelligible] >> in terms of the first question, which was the deficit and the reduction of the deficit, when the...
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Feb 21, 2012
02/12
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economy. in november, the director of dart up warned that malicious cyberattacks threatened a growing number of systems with which we interact every day -- the electric grid, water treatment plants, chief financial systems. similarly, general keith alexander, the commander of u.s. cybercommand, and the director of an essay has said that our cyber vulnerabilities are extraordinary, and characterized by a disturbing trend from exploitation and to destruction to destruction. these statements are just the latest in a chorus of warnings from current and former officials. the threat as the chairman has pointed out, is not just to our national security, but also to our economic well-being. a study last year calculated the cost of global cyber crimes at $140 billion annually. when combined with the the value of time the victims lost due to cyber crime this figure rose to $388 billion. norton describes this as significantly more than the global black-market and marijuana, cocaine, and heroin combined.
economy. in november, the director of dart up warned that malicious cyberattacks threatened a growing number of systems with which we interact every day -- the electric grid, water treatment plants, chief financial systems. similarly, general keith alexander, the commander of u.s. cybercommand, and the director of an essay has said that our cyber vulnerabilities are extraordinary, and characterized by a disturbing trend from exploitation and to destruction to destruction. these statements are...
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Sep 24, 2012
09/12
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they're labor-intensive economies and have the ability to supply a capital intensive economy such as the u.s. with quality, hard workers. this is what i believe, that the agenda for the future should continue to focus on legal migration in a secure, and orderly what way to secure the u.s. economy and so that mexicans do not have to die while trying to get a job. we can work together to find solutions to these kinds of problems of so that many workers do not live in the shadows of these societies. -- this society. and i want to take the opportunity to once again recognize president obama's position to give some immigrant the opportunity to continue to be a strength and vitality of the united states. it is a positive move for both countries that i applaud. now i want to talk to you about a third change initiative to during my time in office. the struggle to consolidate their rule of law in mexico. i know this is an issue that has captured headlines in the u.s. and around the world. it has been one of the main challenges my administration has had to face. over the years, criminal organi
they're labor-intensive economies and have the ability to supply a capital intensive economy such as the u.s. with quality, hard workers. this is what i believe, that the agenda for the future should continue to focus on legal migration in a secure, and orderly what way to secure the u.s. economy and so that mexicans do not have to die while trying to get a job. we can work together to find solutions to these kinds of problems of so that many workers do not live in the shadows of these...
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Aug 7, 2012
08/12
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the economy recover and to restore more normal levels of employment and growth in our economy. for savers, for investors, it is the central that the economy be strong overall. if you think about what investors invest in, some of it is in fixed income instruments, but a lot of what people invest in our stocks and corporate debt and small businesses that have a variety of assets, and they will not perform well unless the economy is strong. the kind of return that you can get as an investor and as a saver depends on having a strong economy, and there is no shortcut to that, and that is the reason why we have low interest rates now as a way of trying to restore that vitality that will make -- give investors higher returns in the future. that is the reason that rates are low, but of course they are low. that being said, i think that there is an awful lot that can be taught. with rates being lower, there are many incentives to save, if you want to buy a house now. down payment requirements are much higher than they were. if you want to go to college and increase your earning power, i
the economy recover and to restore more normal levels of employment and growth in our economy. for savers, for investors, it is the central that the economy be strong overall. if you think about what investors invest in, some of it is in fixed income instruments, but a lot of what people invest in our stocks and corporate debt and small businesses that have a variety of assets, and they will not perform well unless the economy is strong. the kind of return that you can get as an investor and as...
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May 22, 2012
05/12
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it will build an economy where will build an economy where every child can count on an education. [applause] you will make sure this country can find a job for anyone who puts in an effort and supports the family. [applause] you are the ones who will make sure our country controls our energy future where we lead the world in science and technology and innovation. america only succeeds when we all pitch in and pull together. and i am counting on you to be leaders in that effort. because you are from joplin, and you have already defined -- defied the odds. there are a lot of stories here in joplin of unthinkable courage and resilience over the last year, but still, there are some that stand out especially on the stage. by now, most of you know quentin anderson. , a joplin high senior. he is already looking embarrassed. someone is talking about you again. i will talk about you anyway. quentin's journey has been joplin's journey. he was across the street from his house. when the tornado struck. the young man who found him could not imagine quentin would survive his injuries. he woke u
it will build an economy where will build an economy where every child can count on an education. [applause] you will make sure this country can find a job for anyone who puts in an effort and supports the family. [applause] you are the ones who will make sure our country controls our energy future where we lead the world in science and technology and innovation. america only succeeds when we all pitch in and pull together. and i am counting on you to be leaders in that effort. because you are...
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Mar 2, 2012
03/12
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resources of the economy. that is why we talked about the need for greater consumer spending and greater investment and so on. of course, we want consumers to be responsible as well. they have in fact raised spending rates and reduce leverage. all that is positive. the man comes from places other than consumer spending. -- demand comes from places other than consumer spending. it can come from exports. those are areas where higher investment creates more capital and potential growth in the future. it reduces our trade deficit. it makes us more competitive internationally. those are alternative to consumer spending to provide growth. there is also a bit of a paradox that consumer spending collectively if it generates more hiring and wage income can actually in the end lead to sounder consumer finances than the alternative. if the economy is growing strongly and income is being created, consumers will actually be better off. confidence is really important. if people are confident about their income prospects, it
resources of the economy. that is why we talked about the need for greater consumer spending and greater investment and so on. of course, we want consumers to be responsible as well. they have in fact raised spending rates and reduce leverage. all that is positive. the man comes from places other than consumer spending. -- demand comes from places other than consumer spending. it can come from exports. those are areas where higher investment creates more capital and potential growth in the...
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Aug 22, 2012
08/12
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economy. could things we have heard help? yes. hopefully it is to put about some credibility so the markets do not go bonkers and we see drops in equity markets like crazy. that is my situation on the medium-term, here. i will talk about the amt. if you do not know what that is, let me say, right now, today, you owe it. but you do not know it. i am fairly sure i am speaking to everyone in this audience. you all will be subject to the amt. you start off with exemptions. then you take your income. then you go to schedule a. then you come out after that. right? that is what you do at the amt. you start all over. you start with your exemptions. then income. then schedule a you come to that thing on taxes. that is the simple way to do it. then you calculate it. that ishe simple way of doing it. it multiplied times 20%if you owe more without the reductions, then you pay more. what does this mean? the amt is going to hit "marri with children" in states where they pay high amount of income sales and/o
economy. could things we have heard help? yes. hopefully it is to put about some credibility so the markets do not go bonkers and we see drops in equity markets like crazy. that is my situation on the medium-term, here. i will talk about the amt. if you do not know what that is, let me say, right now, today, you owe it. but you do not know it. i am fairly sure i am speaking to everyone in this audience. you all will be subject to the amt. you start off with exemptions. then you take your...
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Feb 2, 2012
02/12
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that creates a drag on the economy. we had a similar conclusion from testimony that was given by the joint tax committee in september of 2011, just last september. same conclusion. at the end of the 10-year period you would actually have a slowdown in economic growth. it's a little perplexing to find out why we are drafting something that would not require a study of one of the first consequential decisions this congress might make. and so for those reasons, mr. speaker, one that we are not even counting the investment side of the equation, with respect to the consequences for economic growth, but number two, the fact that this isn't even going to trigger an analysis of one of the biggest revenue decision this is body will make, we have to oppose the bill. i reserve the balance of my time. the chair: the gentleman reserves. the gentleman from georgia. mr. price: thank you, mr. chairman. i yield myself such time as i may consume. the chair: the gentleman is recognized. mr. price: let me first begin by just thanking the c
that creates a drag on the economy. we had a similar conclusion from testimony that was given by the joint tax committee in september of 2011, just last september. same conclusion. at the end of the 10-year period you would actually have a slowdown in economic growth. it's a little perplexing to find out why we are drafting something that would not require a study of one of the first consequential decisions this congress might make. and so for those reasons, mr. speaker, one that we are not...
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May 22, 2012
05/12
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we saw the middle class economy stagnates. we saw the wealthiest american'' incomes increased. >> there is a new poll in which twice as many people say they are worse off now under 30% sayt obama thean -- they are worse off now. under the question of are you better does this give president obama pause? >> a finding like that needs to be given context. four years ago today we were just in the early stages of economic free fall. unemployment had not yet sky rocketed to the point it would under -- as a result of the decision. we had not quite gotten to the time where the economy with the track by 9% as it did at the end of 2008, where four years ago would be the middle of 2008. it is a fact that the worst recession since the great depression had not fully blossom four years ago. if you look at the same data, most americans agreed with the idea that that recession was caused -- its causes predated president obama taking off the street is a fact that if you ask most americans did they want to go back to the policies that helped lea
we saw the middle class economy stagnates. we saw the wealthiest american'' incomes increased. >> there is a new poll in which twice as many people say they are worse off now under 30% sayt obama thean -- they are worse off now. under the question of are you better does this give president obama pause? >> a finding like that needs to be given context. four years ago today we were just in the early stages of economic free fall. unemployment had not yet sky rocketed to the point it...
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Aug 7, 2012
08/12
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this has driven our economy to the brink. we need to do more to advance national security by restricting the military to the 21st century. we will be able to have some savings but we will be more nimble and able to prevent failed states and the head of the curve. let me close by pointing out a few things i think are important for us to consider. we are at a critical moment. the american dream seems to be getting a little bit further out of their grasp. i think the democratic party is the institution to change that, to reverse that trend. over the last 30 years, our economy has slowed because of prevailing republican ideas. the relief during the democratic administrations was helpful and beneficial. there has been a slow grind ever since ronald reagan. the time is not to reverse that trend. income inequality is the problem of our time. the democratic party has to lead the way to reverse the trend. i know you're going to have hard work to do. i was really pleased to listen to the presenter before me. i love it's going to be abo
this has driven our economy to the brink. we need to do more to advance national security by restricting the military to the 21st century. we will be able to have some savings but we will be more nimble and able to prevent failed states and the head of the curve. let me close by pointing out a few things i think are important for us to consider. we are at a critical moment. the american dream seems to be getting a little bit further out of their grasp. i think the democratic party is the...
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Apr 5, 2012
04/12
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that is the key to get the economy going. i would respond to this in a terse statement by saying this. we need to empower small business men and women. for the government to mandate that they act one way or another in terms of hiring people or not, that puts more restrictions on small business. if we believe in free markets, if we believe that small businesses are the growth engine, we ought to empower them by allowing them to keep more of their money so that they can retain and hire more workers. >> [inaudible] >> i disagree with the allegation. what i believe this bill does is it strikes the proper balance to allow small business people a little easier time seeking investors and accessing capital so they can grow. i hear anecdotally throughout my district in richmond, va., it is too hard right now for small businesses to get up off the ground and grow. this bill response to that difficulty. one more question. >> [inaudible] >> we are all for good on economic news. over the last several months, i have been very encouraged by
that is the key to get the economy going. i would respond to this in a terse statement by saying this. we need to empower small business men and women. for the government to mandate that they act one way or another in terms of hiring people or not, that puts more restrictions on small business. if we believe in free markets, if we believe that small businesses are the growth engine, we ought to empower them by allowing them to keep more of their money so that they can retain and hire more...
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Apr 4, 2012
04/12
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in 2009, have the economy -- the economy's -- half the economies in were in financial crisis. in the emerging markets, it was the man shop. you snap back, you grow more slowly as a consequence. -- it was demand shock. that implies that emerging market economies are going to be dissatisfied with the very accommodative monetary policies in the advanced economies and therefore going to want to reclaim a measure of independence. the way you do that is put on capital controls. but they are starting from a very uneven pace. that gives china the opportunity to liberalize at its own pace, but brazil and more globalized economy is, to tighten at their own pace, converge in the middle. on average, there will be more. that let's ask another question here about global governance. you have got, on the one hand, the u.s. posting a new president of the world bank, and some commentators observing that the nigerian candidate seems to be much better qualified. you have a fight going on about imf resources with europeans hoping the emerging markets will kick more money in to match what they have
in 2009, have the economy -- the economy's -- half the economies in were in financial crisis. in the emerging markets, it was the man shop. you snap back, you grow more slowly as a consequence. -- it was demand shock. that implies that emerging market economies are going to be dissatisfied with the very accommodative monetary policies in the advanced economies and therefore going to want to reclaim a measure of independence. the way you do that is put on capital controls. but they are starting...
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Aug 14, 2012
08/12
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we don't think you grow the economy from a millionaires down. i come from a wealthy stayed, delaware. -- i come from a wealthy state. i have never run in my state playing the populist dream about wealthy people are bad and poor people are good. i know as many patriotic people as a note patriotic poor folks. what i do not know is how ryan and romney view the middle class. we think the way you rebuild this country is you grow it from the middle class out the old- fashioned way, not from millionaires down. who may be a lot like you when things changed in the 1950's, he had to leave to find a job. that is how i got down to wilmington, delaware. my dad used to have an expression. he is to say, "a job is about a lot more than your paycheck. it is about your dignity. it is about respect. it is about the sense of yourself and your place in the community. it is so much more than a paycheck." all that you know at least one , two, or more. all across america, through no fault of their own, they have been stripped of their dignity. they did nothing wrong. t
we don't think you grow the economy from a millionaires down. i come from a wealthy stayed, delaware. -- i come from a wealthy state. i have never run in my state playing the populist dream about wealthy people are bad and poor people are good. i know as many patriotic people as a note patriotic poor folks. what i do not know is how ryan and romney view the middle class. we think the way you rebuild this country is you grow it from the middle class out the old- fashioned way, not from...
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Feb 21, 2012
02/12
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we also have to get this economy growing. the best way to do that his be leaving in what made -- is believing what made this country great. are we a great country? yes, we are a great country. are we a great country because we have a great and powerful federal government? no. are we a great country because we have three people that can go out and pursue their dreams and build a great and just society from the bottom of? that is really the question in this campaign. it is a question of how we will grow this economy and how we will restore our culture and how we will defend our borders and our land. would you believe in? do you believe in an all- powerful all knowing federal government or do believe that america became a great country because we were founded great on the principle of limited government particularly limited federal government and the idea we could build a great and just society based on this concept that was given to us in our founding documents. ? there may be some tea party folks here today. i love the tea par
we also have to get this economy growing. the best way to do that his be leaving in what made -- is believing what made this country great. are we a great country? yes, we are a great country. are we a great country because we have a great and powerful federal government? no. are we a great country because we have three people that can go out and pursue their dreams and build a great and just society from the bottom of? that is really the question in this campaign. it is a question of how we...
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Jun 4, 2012
06/12
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let me ask you about the economy. i am wondering how the president continues to make the argument the voters that the economy is headed in the right direction when john numbers -- job numbers -- [unintelligible] >> i appreciate the question, and while freddie's job numbers are below expectations and far from good enough, they do represent the 27th straight month of private-sector job creation since the policies began taking a fact. he has argued that we need to do more, and we can do more right now, not wait until november or next january, to further encourage the economy and have a treat more jobs. the president made clear last fall that the recovery was not robust enough when he introduced his american jobs act, and outside economists, not white house economists, outside economists judge that plan, if implemented, to be one that will trade over a million jobs. republicans in congress and the up supporting some of the elements of the act, others refused to support because they made the choice it was more important to
let me ask you about the economy. i am wondering how the president continues to make the argument the voters that the economy is headed in the right direction when john numbers -- job numbers -- [unintelligible] >> i appreciate the question, and while freddie's job numbers are below expectations and far from good enough, they do represent the 27th straight month of private-sector job creation since the policies began taking a fact. he has argued that we need to do more, and we can do more...
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Jul 30, 2012
07/12
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you said it is a significant impact on our economy. what is the significant plan your putting forward to show some leadership on this? >> at the european leaders have said, we played a role in encouraging them to move more aggressively to contain this crisis. we have been careful to where we have the ability to help that context medicaid the pressure. we have been very supportive of the imf in some circumstances coming in on tough conditions for reform providing some assistance. we will continue to do that. the solution to this problem will have to come from the europeans. they will have to finance it. it has to sit with their politics and economics. we cannot want is more than them. what we can do is what we are doing which is try to put pressure to move more quickly and credibly to address this because of the implications for us. >> the gentleman's time has expired. the chair recognizes the gentleman from massachusetts for five minutes. >> thank you, mr. chairman. mr. secretary, a lot of people now think he did not do enough in 2008.
you said it is a significant impact on our economy. what is the significant plan your putting forward to show some leadership on this? >> at the european leaders have said, we played a role in encouraging them to move more aggressively to contain this crisis. we have been careful to where we have the ability to help that context medicaid the pressure. we have been very supportive of the imf in some circumstances coming in on tough conditions for reform providing some assistance. we will...
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93
Apr 3, 2012
04/12
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america has a stake in making sure that european economies and world economy goes better. that brings me to my third and larger point. if integration poses great problems, it also is a promise for great rewards. it will only be so if there's heightened corp. between the nations. when nations faced common challenges, everybody wins. when they retire to their own backyard or the operate in isolation, everybody loses. we have seen it. "the reason why the world lacks unity is because man is disunited with himself." this concept -- two visionaries back in the last century really got it. an american man and englishman figured that out. they live to the hardship when countries pulled apart and sometimes toward each other apart. they were the founders of the imf. the idea behind the imf was simple. if countries brought together and help each other in times of need, everybody would prosper together. this idea was important in 1944 and it is equally important today. what is the imf? that is a question i asked myself when i decided to join. i have to keep it simple for myself and eve
america has a stake in making sure that european economies and world economy goes better. that brings me to my third and larger point. if integration poses great problems, it also is a promise for great rewards. it will only be so if there's heightened corp. between the nations. when nations faced common challenges, everybody wins. when they retire to their own backyard or the operate in isolation, everybody loses. we have seen it. "the reason why the world lacks unity is because man is...
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Jan 12, 2012
01/12
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economy. some economic news out this morning. congress reported that retail sales pulled a record for $0.70 trillion. -- $4.70 trillion. another report said that new applications for unemployment benefits jumped almost 400,000 last week. from the associated press this morning, nato and afghanistan calling a video of u.s. soldiers urinating on what appears to be a dead -- on a dead caliban fighters -- a pile of dead fighters.ghtertaliban the video is being called in humane. nato says the soldiers who appear in the video appear not to be in afghanistan any longer. >> good morning. welcome to the center for american progress. my name is neera tanden. i want to thank you you for joining us. i want to welcome alan krueger to the center. he wants to discuss how rising inequality in the united states is a threat to our middle class. he has been engaging in a broad body of work around this. we are excited to kick off the discussions this year. we are very lucky to have him here at this point in time w
economy. some economic news out this morning. congress reported that retail sales pulled a record for $0.70 trillion. -- $4.70 trillion. another report said that new applications for unemployment benefits jumped almost 400,000 last week. from the associated press this morning, nato and afghanistan calling a video of u.s. soldiers urinating on what appears to be a dead -- on a dead caliban fighters -- a pile of dead fighters.ghtertaliban the video is being called in humane. nato says the...